The NCAA needs to go away. Bring all the FBS teams out of it. Create a new organization. The NCAA BB Tournament alone is $1B/ yr that could go to the athletes.
Here's how to Fix it:
1) Every player gets paid the minimum wage at base (40 hrs/week).
2) NIL money.would go 1/2 to the specific athlete it's earmarked for and 1/2 to the team which will be equally divided and then added to the "base" for each player. That way every player truly benefits...not just the top 10%.
3) Put a hard cap on how much any one player can get per year and a hard cap on how much any one program can get in a year. Anything above that goes to a a general fund that will go to every team.
4) Taxes get removed by the school so that the kids don't have to figure that out. Just like a paycheck.
Just tell whoever steals this plan that I expect a gratuity.